Taxpayers and tax professionals use accounting method changes as a powerful mechanism to implement valuable tax strategies as well as to remove IRS audit exposure. As a tax planning tool, accounting methods help taxpayers implement cost segregation studies and energy efficiency incentives, adopt favorable provisions of the Tangible Property Regulations, and numerous other tax minimization strategies. Accounting methods also help taxpayers correct improper methods to eliminate audit risk. Upon completion of the course, you’ll be able to:
- Understand several popular accounting method changes
- Discuss recent tax rule changes
- Complete and file Form 3115 – Application for Change in Accounting Method
CPE Credit: Participants can earn 2 CPE credit in the Accounting field of study. Please note that CPE credit is only available for viewing the live program.
100% Money-Back Cancellation and Refund Policies: If you can’t make the live webinar, you may cancel at any time before the webinar begins for a full refund. If you are not satisfied with the webinar, we will provide you a full refund. For more information regarding refund, complaint and program cancellation policies, please call us at 703-372-0550.
Program Level: Beginner
Advanced Preparation: None
Instructional Method: Group-Internet Based
National Registry of CPE Sponsors: Clear Law Institute is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have the final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.learningmarket.org.